UBS Upgrades SiteOne Landscape Supply to Buy, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Damian Karas has upgraded SiteOne Landscape Supply (NYSE:SITE) from Neutral to Buy and raised the price target from $145 to $200.

September 26, 2023 | 9:01 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS has upgraded SiteOne Landscape Supply from Neutral to Buy and raised the price target from $145 to $200. This could potentially lead to an increase in the stock's price.
Analyst upgrades typically have a positive impact on a company's stock price. In this case, UBS has upgraded SiteOne Landscape Supply from Neutral to Buy, indicating a positive outlook for the company. Additionally, the price target has been raised from $145 to $200, suggesting that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100